MCQ
Choose the odd one out
- ANominal wages
- BReal wages
- ✓Direct wages
- DPiece wages
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| a) | Capital is the result of saving | N.W. Senior | |
| b) | Wage is the residual portion | J.S. Mill | |
| c) | Profit is the reward for risk 'taking' | Hawley | |
| d) | Interest is the reward for partingwith liquidity | Keynes | |
| A) | Social cost | 1) | Retrospective cost |
| B) | Sunk cost | 2) | External cost |
| C) | Fixed cost | 3) | Alternative cost |
| D) | Opportunity cost | 4) | Overhead cost |
| a) | Q | = | $AL ^\alpha K ^\beta$ | |
| b) | Q | = | $- AL ^\alpha K ^\beta$ | |
| c) | Q | = | $AL ^{\alpha+\beta}$ | |
| d) | Q | = | $AK ^{\alpha+\beta}$ | |
| a) | Thiruvalluvar | 1) | Provisional finance |
| b) | Mahatma Gandhi | 2) | Pragmatic idealism |
| c) | Nehru | 3) | Ethical foundations |
| d) | B.R. Ambedkar | 4) | Planning |
| a) | Unitary elastic supply | 1) | Es =0 |
| b) | Relatively inelastic supply | 2) | Es =1quad |
| c) | Perfectly inelastic supply | 3) | Es < 1 |
| d) | Perfectly elastic supply | 4) | Es =alpha |